Escaping stagnation and restoring shared prosperity: a macroeconomic policy framework for job-rich growth

Fuente: Organización Internacional del Trabajo (OIT)
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Bibliographic Details
Main Author: Thomas Palley
Format: Entrada de enciclopedia
Published: International Labour Organization 2015
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author Thomas Palley
author_facet Thomas Palley
Thomas Palley
contents Escaping stagnation and restoring shared prosperity: a macroeconomic policy framework for job-rich growth Thomas Palley In this succinct piece, the author makes a compelling case for ‘structural Keynesianism’ as a way of responding to the current mix of unsatisfactory growth and uneven progress in reducing unemployment at the global level. Traditional or ‘cyclical’ Keynesianism is, according to the author, good at dealing with short-run shortfalls in aggregate demand, but less able to cope with the structural dimensions of slow growth and slack labour market conditions. Employment working paper, no. 170, ILO publication.encyclopediaEntry
format Entrada de enciclopedia
id ilo_995219450802676
institution Organización Internacional del Trabajo (OIT)
publishDate 2015
publisher International Labour Organization
spellingShingle Escaping stagnation and restoring shared prosperity: a macroeconomic policy framework for job-rich growth
Thomas Palley
Escaping stagnation and restoring shared prosperity: a macroeconomic policy framework for job-rich growth Thomas Palley In this succinct piece, the author makes a compelling case for ‘structural Keynesianism’ as a way of responding to the current mix of unsatisfactory growth and uneven progress in reducing unemployment at the global level. Traditional or ‘cyclical’ Keynesianism is, according to the author, good at dealing with short-run shortfalls in aggregate demand, but less able to cope with the structural dimensions of slow growth and slack labour market conditions. Employment working paper, no. 170, ILO publication.encyclopediaEntry
title Escaping stagnation and restoring shared prosperity: a macroeconomic policy framework for job-rich growth
url https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/Escaping-stagnation-and-restoring-shared-prosperity/995219450802676